What is a result of adequate disclosure?
a. substance over form
b. faithful representation
c. completeness
d. neutrality
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Answer:
B is the correct answer!!
Explanation:
Adequate disclosure in accounting practices mandates that all readers of a financial statement have access to pertinent data that would be deemed essential to understanding an entity's financial position. ... The reports include earnings and financial information for publicly-traded companies on stock exchanges in the U.S.
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